August 03, 2011
— andy
Guest DOOM! today. Monty, who is one of those increasingly rare Americans with a job, needed a last minute stand-in due to some work commitments.
Speaking of jobs, the ADP employment report is out this morning. Private sector employment up 114K - close to expectations, but too low to move the needle on the unemployment rate if it mirrors the BLS survey data that will be released on Friday.
The DJIA has dropped each of last 8 days for a total pullback of around 850 points with yesterday's selloff being pretty harrowing at around 250 points. This was the biggest one-day drop since October 2008, so ... inherited from Booooooshhhh!. Gold? It's over $1,660 an ounce and just keeps on rising.
So Recovery Summer II™ continues unabated.
Return of the bear market? Faber's a perma-bear. All he has to do is wait around long enough and he'll be right. Of course, this time ...
Somebody at al Reuters is on the DOOM! train. I'm not so sure I agree with their "go East young man" outlook. Trying to find a bright spot in this global depression (hey, just being honest) is a fool's errand.
Jimmy P. points out that the U.S. economy doesn't like to just move sideways. It's either growing or contracting. I'll take the under. He also notes an interesting tell on entering a recession from changes in the unemployment rate, but I think we're in uncharted territory here.
Paul Ryan has on op-ed in today's Wall Street Journal that's worth a read, but who needs words when you can put DOOM! in a couple of charts?
The debt ceiling deal did nothing to change this, and I'm not confident that even if the GOP were to take the White House and the Senate in 2012 we'd be able to do much about it. There's only so much that Hobbit terrorist hostage-takers can do.
And as far as that deal goes, there's been a lot of back-and-forth on whether the super committee process allows for tax increases either legally or practically. There are a couple of good rundowns on this from Keith Hennessey and Andy McCarthy that both boil down to: "hells yeah it does" even though they conflict with each other. Duck!
Posted by: andy at
04:50 AM
| Comments (204)
Post contains 389 words, total size 3 kb.
What about this "Super Committee" which bunch of stupid motherfuckers do we need to blame for this outrageous attempt to get around our constitution?
Congressman Ron Paul warns that the all-powerful new “Super Congress” created by the vote on the debt ceiling will be used to fast-track tax increases while concentrating more power over the nation’s purse strings in the hands of the Washington elite.
Posted by: Pierre at August 03, 2011 04:58 AM (3oa/t)
Another angle on the bear market...retirement funds are taking a beating, meaning people at the margin can't afford to retire. This means they stay in their existing jobs longer, which is a serious issue in low-turnover businesses as people can't move up to senior positions now occupied by folks who would have ordinarily been able to retire. I see a ripple effect forming as people who would have been promoted are stuck with lost potential for increased earnings.
On one hand there is certainly an impetus for those workers impacted by this ceiling to leave their jobs and start their own businesses, but in this climate I don't see entrepreneurship being a viable option.
Posted by: JohnTant at August 03, 2011 04:58 AM (PFy0L)
Why aren't conservative websites all over this motherfucking outrage like stink on shit?
Gun Control, Increase Taxes it is all possible now...that motherfucker Obama got us again...this is getting fucking old.
Posted by: Pierre at August 03, 2011 04:59 AM (3oa/t)
The whole point of a Super Committee was to bypass the TEArorrists that might rock the gravy boat. The language governing the authority of the Super Committee is loose enough to drive a semi though and was deliberately written that way. Look at how the clear concise understandable language of the Constitution has been perverted over the years and tell me that you think these treasonous scumbag elites can't (and won't) screw us again and again re revenue enhancements and shared sacrifice. There will be at least two RINO elite Senators on the committee (FOM-Friends of Mitch) so the third pick doesn't signify.
Posted by: Hrothgar at August 03, 2011 04:59 AM (yrGif)
Posted by: Waterhouse at August 03, 2011 05:00 AM (pdCUF)
The debt ceiling deal [that Ryan supported] did nothing to change this, and I'm not confident that even if the GOP were to take the White House and the Senate in 2012 we'd be able to do much about it. There's only so much that Hobbit terrorist hostage-takers can do.
Which is why I've grown weary of Paul Ryan's DOOM-woofing. He talks a good game but is always AWOL for the important votes.
Posted by: glowing blue meat at August 03, 2011 05:02 AM (K/USr)
There's only so much that Hobbit terrorist hostage-takers can do.
That's sex-panicked neo-confederate carjacking hobbit terrorist hostage-takers, Sir. Try to keep up. (see link in name)
Posted by: Mama AJ at August 03, 2011 05:02 AM (XdlcF)
Posted by: Mama AJ at August 03, 2011 05:03 AM (XdlcF)
Posted by: Lemon Kitten at August 03, 2011 05:03 AM (0fzsA)
Posted by: Pierre at August 03, 2011 05:04 AM (3oa/t)
As for the Super Committee, lets face it, what McConnell, Boehner, Piglosi and Reid agreed to do is turn over all law making power on taxing and spending to a new Gang of 6.
My prediction--they will be worse than the original Gang, and there won't be a goddam thing you can do about it. Now that's what I call a "VICTORY."
God Bless the Tea Party for making this wonderful new Gang possible./
Posted by: glowing blue meat at August 03, 2011 05:05 AM (K/USr)
Posted by: phoenixgirl at August 03, 2011 05:05 AM (eOXTH)
Posted by: phoenixgirl at August 03, 2011 05:08 AM (eOXTH)
What about this "Super Committee" which bunch of stupid motherfuckers do we need to blame for this outrageous attempt to get around our constitution?
Posted by: Pierre at August 03, 2011 08:58 AM (3oa/t)
EVERYONE who voted for it.
Posted by: dogfish at August 03, 2011 05:12 AM (N2yhW)
Desperate for tax hikes any way they can get them - notice the list of Democrats at the bottom.
It will be illegal to lower the taxes! Great idea! Meanwhile - we still nedd a flat tax.
Posted by: Lemon Kitten at August 03, 2011 05:13 AM (0fzsA)
added to my 17 post: It's bacis cynical 2012 Democrat CYA. What a pack of frauds.
Posted by: Lemon Kitten at August 03, 2011 05:16 AM (0fzsA)
That fact alone will DOOM us, imo.
Barry and crew will skate on this and that is wrong.
Posted by: Hussein the Plumber at August 03, 2011 05:16 AM (jx2j9)
Posted by: Count de Monet at August 03, 2011 05:17 AM (4q5tP)
I don't see the reference to "tax hikes" in those links. They talk about CBO scoring of debt reduction. But I think everyone agrees that it allows this committee to propose tax hikes, except Boner.
Ron Paul says the wording goes even further and allows them to go outside of the budget process all together and propose anything they want.
And the real pisser is it removes ALL leverage from conservatives in the Senate and will render the House conservatives meaningless.
As I said in the news thread, McConnel will appoint squishes and the Dems will appoint 6 commies. All it takes is 6 commies and 1 RINO and we have lost the ability to filibuster a tax increase in the Senate.
And it doesn't matter what the House does. Unless they are willing to shutdown the government they will not be able to do anything. And Boner has already shown that side of the deck.
We are truly boned.
Posted by: Vic at August 03, 2011 05:17 AM (M9Ie6)
Senate Democrats have failed to pass a budget for 825 days and counting, violating the 1974 Budget Act that requires an annual budget.
Now, thanks to the provisions of the debt ceiling deal, they can get away with extending their irresponsibility streak through the next election and into 2013. Senate Democrats will now go fully four years without passing a budget.
Posted by: Y-not is late to the party at August 03, 2011 05:19 AM (5H6zj)
God Bless the Tea Party for making this wonderful new Gang possible./
Posted by: glowing blue meat at August 03, 2011 09:05 AM (K/USr)
I hope that was snark.
Posted by: Vic at August 03, 2011 05:19 AM (M9Ie6)
God Bless the Tea Party for making this wonderful new Gang possible./
Posted by: glowing blue meat
Thank you Mr Duct Tape for making my efforts possible.
Posted by: rapist at August 03, 2011 05:20 AM (326rv)
God Bless the Tea Party for making this wonderful new Gang possible./
Posted by: glowing blue meat
God bless Ford for making rape vans as well.
Posted by: rapist at August 03, 2011 05:20 AM (326rv)
God Bless the Tea Party for making this wonderful new Gang possible./
Posted by: glowing blue meat
God bless bankers for making my efforts possible.
Posted by: bank robber at August 03, 2011 05:21 AM (326rv)
Don't worry, we can manage the national health care system far better than our democrat friends. And. You. Will. Like. It.
Posted by: Boehner/McConnell at August 03, 2011 05:21 AM (sOXQX)
Hmmm. Outlawing tax cuts for anyone making over $1M unless there is a budget surplus.
Debt slaves. They are in the process of putting on the ball and chain. The next step will be a fully enclosed cage.
These are some kinda evil f*ckers.
There is only one hope. That the vast majority who currently pay taxes stop- simultaneously, immediately. Alas, human nature is to survive and hope to be eaten last.
Posted by: Derak at August 03, 2011 05:21 AM (riOIK)
God Bless the Tea Party for making this wonderful new Gang possible./
Posted by: glowing blue meat at August 03, 2011 09:05 AM (K/USr)
I hope that was snark.
Posted by: Vic
If it isn't, I'm going to keep pounding it to pulp. I'll call a truce for a minute to see.
Posted by: Blue Hen at August 03, 2011 05:22 AM (326rv)
Zackly Vic. Watch, he will pick one TP person to sit on the Super Duper Committee, to make sure the TP goes down with the rest of them when the SC's economy crashing recommendations become law. Note to TP--stay as far away from this abomination as possible. There is no upside for you or us.
Posted by: glowing blue meat at August 03, 2011 05:22 AM (K/USr)
Posted by: glowing blue meat at August 03, 2011 05:23 AM (K/USr)
Posted by: Hussein the Plumber at August 03, 2011 05:23 AM (jx2j9)
24--jes gettin with the new Meme--the Tea Party Made this Wonderful Victory possible. C'mon, didn't you get the Lying Points memo?
Posted by: glowing blue meat at August 03, 2011 05:25 AM (K/USr)
Posted by: glowing blue meat at August 03, 2011 09:22 AM (K/USr)
I posted this on the news thread as part of a take from F&F this morning and it is applicable to that statement.
Gretchen interviewed the head of Tea Party Nation this morning about the apparent “Tea Party victory”. (she played a clip of Palin saying that) The head of TPN said it was disaster and then iterated all kinds of stuff like the above as to why it was bad. He said that TPN wanted noting to do with this “deal” because when it showed itself later to be a disaster they didn’t want the blame.
He denied any TP support for this POS and said they wanted no part of it.
Posted by: Vic at August 03, 2011 05:25 AM (M9Ie6)
God Bless the Tea Party for making this wonderful new Gang possible./
Posted by: glowing blue meat
God Bless copper miners for making me possible
Posted by: The Battle of the Stalingrad at August 03, 2011 05:25 AM (sOXQX)
Posted by: glowing blue meat
Were you serious when you blamed the Tea Party for "making this new committee possible"? If so, did you mean it in the sens that their efforts provided impetus, or do you think that this committee is a sane response to hobbit terrorists? Your meaning wasn't clear.
Posted by: Blue Hen at August 03, 2011 05:26 AM (326rv)
The primary thing the government could do to slow medical inflation is less-- stop unbalancing the market with all the interfering social engineering, stop bottling up competition, stop unfunded mandates that result in cost-shifting, stop letting lawyers terrorize the system. Control the border like you're supposed to.
Ryan's plan at least changes Medicare from a direct-handout system to a vouchered one, but the real problem underlying our medical system is government's interference in the market. Of course, less government is always the one thing that government refuses to consider.
Posted by: nickless at August 03, 2011 05:26 AM (MMC8r)
24--jes gettin with the new Meme--the Tea Party Made this Wonderful Victory possible. C'mon, didn't you get the Lying Points memo?
Posted by: glowing blue meat
Got it now.. It sounded like a straight shot, not snark.
Posted by: Blue Hen at August 03, 2011 05:27 AM (6rX0K)
27 was good. Not a history major, so don't get 39.
Posted by: glowing blue meat at August 03, 2011 05:27 AM (K/USr)
...Because the ADP and BLS numbers have been identical of late.
Posted by: Enough sarcasm yet? at August 03, 2011 05:28 AM (sOXQX)
Posted by: glowing blue meat at August 03, 2011 05:29 AM (K/USr)
27 was good. Not a history major, so don't get 39.
Posted by: glowing blue meat
Neither do I. I recall there being savage fighting around a tractor factory, but nothing about copper mines.
Posted by: Blue Hen at August 03, 2011 05:30 AM (6rX0K)
Posted by: Retread at August 03, 2011 05:32 AM (G+7cD)
IF we make it to 2013 w/o the total collapse and we take the 13 Senate seats that I posted a few days ago that I thought we had a chance on we can do some. If we take an additional 5 or so to offset the RINOs we will be able to do a lot.
Of course that assumes the GOP doesn't shit on the base so bad that they go third party.
Posted by: Vic at August 03, 2011 05:34 AM (M9Ie6)
I disagree with this approach. It seems more focused on maintaining the purity of a political label than on leading.
The point of the Tea Party is to give voice to peoples' desires to see spending reduced and government shrunk, not to maneuver itself to maintain popularity. If the TP politicians never participate in governing, then those desires are not brought to the table.
Posted by: Y-not is late to the party at August 03, 2011 05:34 AM (5H6zj)
Posted by: A Longtime Tea Party Member. No, Really. at August 03, 2011 05:37 AM (RD7QR)
Er, I misiniterpreted your initial comment as blaming the tea party for the deal, rather than criticizing the establishment fluffers who claim victory. The TP is only tangentially to blame (in the sense that some of them voted for this shit on final passage) as the deal is more or less just what Boehner/Reid/McConnell/Obama wanted to pass anyway.
Copper is part of the alloy brass (I think) which is what bullet casings are made of (or it could be TV slang I've picked up-I don't do any shooting, myself) and bullets are used in war. So Stalingrad is a distant consequence of having mined copper at some point in the past.
Posted by: As they say, if you have to explain it, it's not funny at August 03, 2011 05:38 AM (sOXQX)
Posted by: a yak at August 03, 2011 05:38 AM (Fw2Gg)
I disagree with this approach. It seems more focused on maintaining the purity of a political label than on leading.
The point of the Tea Party is to give voice to peoples' desires to see spending reduced and government shrunk, not to maneuver itself to maintain popularity. If the TP politicians never participate in governing, then those desires are not brought to the table.
Posted by: Y-not is late to the party
There is a marked difference in participaring in governing and being tarred by the same brush. The fracas we saw were parties trying to keep the old order in place AND trying desperately to avoid getting caught holding the brush. The vitriol we saw was the resentment of this on display. Sadly, the good news is we're not yet at the stage Greece is, where resentment results in rioting and deaths.
Posted by: Blue Hen at August 03, 2011 05:39 AM (326rv)
there's been a lot of back-and-forth on whether the super committee process allows for tax increases either legally or practically.
Comrade blogger, the Politburo can do as it wishes.
Posted by: Laurie David's Cervix at August 03, 2011 05:40 AM (EeYDk)
Posted by: As they say, if you have to explain it, it's not funny
Nice. Very subtle and funy. You just wasted it on us morons is all.
Posted by: Blue Hen at August 03, 2011 05:40 AM (6rX0K)
Posted by: San Antonio Rose at August 03, 2011 05:41 AM (q2hnv)
The only way anyone affiliated with the TP should be a part of this debacle is if all 6 GOPers are TP. Otherwise their presence on the committee will only serve as political cover for whatever abortion the Dem/Rino coalition dreams up.
Posted by: Metho at August 03, 2011 05:41 AM (sOXQX)
Posted by: San Antonio Rose at August 03, 2011 05:44 AM (q2hnv)
Posted by: Vic at August 03, 2011 09:34 AM (M9Ie6)
Posted by: Hrothgar at August 03, 2011 05:44 AM (yrGif)
Posted by: glowing blue meat at August 03, 2011 05:44 AM (K/USr)
These are some kinda evil f*ckers.
Lefty/prog blog wateringholes are full of talk of coercion, force, and compulsion to achieve their nirvana. Persuasion is belittled and dismissed because the masses are too stupid to act/vote in "their best self interest" (as defined by the elites).
Oh, and somehow they lost the House in 2010 (never explained) and they must force out the R party in 2012. Whatever the reason(s), passing ObamaCare is definitely not one of them.
Posted by: Count de Monet at August 03, 2011 05:45 AM (4q5tP)
Posted by: Y-not is late to the party at August 03, 2011 09:34 AM
If the "TP politicians" had opened their damned mouths wider and actually stood up, in unison, to block all the shit heaped on us yesterday, maybe -- just maybe -- we could have averted or at least slowed the coming collapse.
Instead, they peeped pitifully and, by their unwillingness to go to the mat with the Dems and Squispublicans, let Osama Obama get everything he wanted: more "stash," more spending, more taxes, and absolutely no fiscal responsibility.
And what, if I may ask the Palinoids, was with SP calling yesterday's clusterfuck a "victory" for the Sainted TEA Party? Did she get a blood transfusion from Ed "Poppin' Fresh" Morrissey, or is she simply another hack politicians, one lousy step ahead of Mutt Romney?
Does anyone in D.C. have a pair? I think not.
Posted by: MrScribbler at August 03, 2011 05:45 AM (YjjrR)
Posted by: Fritz at August 03, 2011 05:46 AM (/ZZCn)
But that's not how a governing body like Congress works. If people will not participate with people they disagree with in trying to reach a consensus, they'd be better suited for offices like mayor or governor. Otherwise, they're just wasting a seat.
Posted by: Y-not is late to the party at August 03, 2011 05:46 AM (5H6zj)
Posted by: The Gentlemen’s Hour Audiobook at August 03, 2011 05:47 AM (BHYDa)
Posted by: blaster at August 03, 2011 05:47 AM (Fw2Gg)
Posted by: Vic at August 03, 2011 09:34 AM (M9Ie6)
Posted by: Hrothgar
The problems involved with simply getting a thrid party on the ballot are considerable (this is by someone's design). Couple that with the performance of third party candidates, even those who were well financed and had the positive name recognition and what you get is the bull moose party.
The current two party equation is very much like the MFM. IT doesn't have nearly the strength it once had, but its remaining talents for causing harm are still considerable.
Posted by: Blue Hen at August 03, 2011 05:48 AM (326rv)
How many elected TP officials do you think there are? That's not a snarky question, I really just have no idea. It seems to me when the Senate folks wanted to make a coalition the number I heard floated was something like 8 or 9. Not enough to do anything.
Posted by: Y-not is late to the party at August 03, 2011 05:48 AM (5H6zj)
Posted by: Retread at August 03, 2011 05:49 AM (G+7cD)
Posted by: Hussein the Plumber at August 03, 2011 05:49 AM (jx2j9)
But that's not how a governing body like Congress works. If people will not participate with people they disagree with in trying to reach a consensus, they'd be better suited for offices like mayor or governor. Otherwise, they're just wasting a seat.
Posted by: Y-not is late to the party
Please tell me that you're kidding. Otherwise, explain Ted Kennedy and Byrd. Hell, think about the damage that's caused when they DO act in a bi-partisan manner.
Posted by: Blue Hen at August 03, 2011 05:50 AM (326rv)
Posted by: San Antonio Rose at August 03, 2011 05:50 AM (q2hnv)
Pixie dust, or unicorn farts. Gold is over $1670, though.
Posted by: Retread at August 03, 2011 05:51 AM (G+7cD)
Sure glad we got that debt ceiling and tax stuff straightened out by our skilled "country club leader/elites".
Darn you Glenn Beck!
Posted by: Hrothgar at August 03, 2011 05:51 AM (yrGif)
Posted by: phoenixgirl at August 03, 2011 05:51 AM (eOXTH)
As someone who will jump to a third party as soon as it's certain that it's to the right of the GOP, where are we going to get one? Do the TP folks in Congress (Bachmann specifically) just walk away from the GOP?
I have a hard time seeing that happen and there's only so much time left to get names on ballots.
Posted by: Methos at August 03, 2011 05:51 AM (sOXQX)
69--You apparantly slept through the entire 111th Congress, when the D's passed their entire agenda. The stood their ground and took the win. The Republicans--whose approach you distill nicely--look for ways to fold, rather than for ways to win. Its how we got here.
Posted by: glowing blue meat at August 03, 2011 05:52 AM (K/USr)
Posted by: a yak at August 03, 2011 05:52 AM (Fw2Gg)
Posted by: phoenixgirl at August 03, 2011 05:52 AM (eOXTH)
--Alan Colmes, just now on FOXNews
This has got to say more about Democrats' Economists, than it does about Bush, if it's taken them this long to figure it out.
Posted by: franksalterego at August 03, 2011 05:53 AM (7/sDI)
That was disappointing. The most favorable interpretation I can give it is she's trying to keep morale up. But it's still a lie.
Posted by: Methos at August 03, 2011 05:53 AM (sOXQX)
I didn't say anything about bi-partisan, did I? What I was reacting to was the suggestion that no TP Reps or Sens participate in the committee (on the Republican side, obviously) if the GOP didn't stock the committee(s) with 100% TP people.
If all Congress is is a body in which Representatives and Senators vote their conscience and walk away afterwards, there'd be no point in having debates or committees or any of the rest of it.
Posted by: Y-not at August 03, 2011 05:54 AM (5H6zj)
More sweet, juicy fruits of DOOM, brought to you by Smart Diplomacy!
Posted by: Hussein the Plumber at August 03, 2011 05:54 AM (jx2j9)
Posted by: Y-not is late to the party at August 03, 2011 09:48 AM
If you count those who proclaimed fealty to fiscal common sense during the election, there are more than 8 or 9 for sure.
One or two could have filibustered, used points of order, delaying tactics, and so on, just as the Democrats have done when they were the minority. The Squishpublicans listened to them, accommodated them, "worked with" them.
It would have been worth a try, but the Congressional eunuchs didn't have the stomach to stand up for principles and the Constitution. Those free (taxpayer-supported) drinks at local bars and all their perks must have been too much for them to resist.
I would feel better if ONE had tried. Nope. Not a single Dangling Courage Unit anywhere in Washington.
Posted by: MrScribbler at August 03, 2011 05:54 AM (YjjrR)
Posted by: phoenixgirl at August 03, 2011 05:55 AM (eOXTH)
Posted by: a yak at August 03, 2011 05:55 AM (Fw2Gg)
Congress doesn't work. It hasn't for a long time.
Posted by: Methos at August 03, 2011 05:55 AM (sOXQX)
Congrats on your efforts to get involved in a positive way!
I think that a slow sustained growth of conservative ideals from the local level is probably the only workable way to shift the course of events, but the real problem is that we may not have time for that to work.
We have certifiable madmen at the helm of the Titanic and they don't even care about the arrangement of the deck chairs, just how soon they can hit the iceberg!
Posted by: Hrothgar at August 03, 2011 05:56 AM (yrGif)
Then I recommend you all save your money and energy for your local elections (mayor, governor).
Posted by: Y-not at August 03, 2011 05:57 AM (5H6zj)
Posted by: San Antonio Rose at August 03, 2011 05:58 AM (q2hnv)
Sure itÂ’s unconstitutional, but itÂ’s rich in essential vitamins and mineralsÂ…
Â… of DOOOOOMMMMMM!
Posted by: Hussein the Plumber at August 03, 2011 05:59 AM (jx2j9)
Seeing as how O's crapped on domestic businesses to the point nobody's daring to do squat, and we're at stalemate to do anything else, probably the final area we could get any economic activity moving is in foreign trade/exports.
Which, forget about it.
Posted by: The Cycle of Abuse at August 03, 2011 05:59 AM (3ZtZW)
They will hardly be relevant given the destruction the Dem/RINO coalition has wrought.
Posted by: Methos at August 03, 2011 06:00 AM (sOXQX)
Including Jim DeMint.
I guess what this brings me back around to is that all of them, even the ones who call themselves Tea Partiers, are operating in a less than ideologically pure realm. They're all being pragmatic and self-centered. So that brings me back to my earlier point: Congressional TP people need to participate, even in flawed things like these super committees, because there's no chance of a good outcome if they don't.
Posted by: Y-not at August 03, 2011 06:00 AM (5H6zj)
Posted by: Ben at August 03, 2011 06:02 AM (wuv1c)
Posted by: San Antonio Rose at August 03, 2011 06:03 AM (q2hnv)
Posted by: MrScribbler at August 03, 2011 09:54 AM (YjjrR)
This lack of coordination and constant message really burns me up. TEA partiers may not agree on everything, but there are certain principles that are common. WHY aren't they out there everyday trumpeting these core principles and identifying how they are being perverted by the establishment (RINO & D). We now have business as usual on steroids (and given the level of corruption in DC this was probably a given), but we conservatives should have gone down to defeat fighting and on our feet, not on our knees.
None of them should have voted for this POS legislation and should have been as vocal as possible using Youtube type video when the MFM refuses to give them air time.
Posted by: Hrothgar at August 03, 2011 06:03 AM (yrGif)
Channeling liberal disenchantment with President Obama, CNN anchor Don Lemon wondered Monday if the President would be "better off running as a conservative" in the next election.
"Your colleague in New York Gary Ackerman said the Republicans invited the President, quote, 'to negotiate at a strip poker table, and he showed up half-naked,' and then liberal columnist Paul Krugman calls the deal an abject surrender," Lemon quoted the two liberals downcast over the debt ceiling deal. "Would the President be better off running as a conservative in 2012?" he asked Rep. Raul Grijalva (D-Ariz.)
Posted by: Jane D'oh at August 03, 2011 06:04 AM (UOM48)
Posted by: phoenixgirl at August 03, 2011 06:04 AM (eOXTH)
But this deal and Boner have rendered them ineffective for now. If the GOP does not crash and burn and create a third party we stand a good chance of getting a lot more tea party Senators in 2012.
Posted by: Vic at August 03, 2011 06:04 AM (M9Ie6)
I would feel better if ONE had tried. Nope. Not a single Dangling Courage Unit anywhere in Washington
On the upside, Mike Lee is starting a PAC that will be used to primary republicans.
This is great news and there isn't anything the republicans can do about it. Lee is from Utah, he's guaranteed the seat for life if he wants it and no one can run to the right of him.
Posted by: Ben at August 03, 2011 06:04 AM (wuv1c)
Posted by: Hussein the Plumber at August 03, 2011 06:04 AM (jx2j9)
Posted by: Ben
Thank you. The base closure commission would have been a better model, but they appear to have deliberately avoided it. After all, it actually accomplished its mission.
Posted by: Blue Hen at August 03, 2011 06:04 AM (326rv)
There is no chance of a good outcome either way. Compromise has ruined us. Further compromise will only ever make the problem worse.
Posted by: Methos at August 03, 2011 06:06 AM (sOXQX)
Posted by: phoenixgirl at August 03, 2011 06:07 AM (eOXTH)
Posted by: Jane D'oh
Wait one. He asked this from the guy who declared economic war on his own state? In an election year? Admitteadly, he didn't get his head handed to him, which indicates a bevy of other problems, but still and all, that's pretty funny.
Posted by: Blue Hen at August 03, 2011 06:07 AM (6rX0K)
I haven't heard a lot of support for him here in Utah County, especially in the business community. A lot of people seem concerned about his effectiveness. Chaffetz seems to be much more popular amongst Republicans down here.
Posted by: Y-not at August 03, 2011 06:07 AM (5H6zj)
Posted by: Hussein the Plumber at August 03, 2011 10:04 AM (jx2j9)
Agree, but clever lawyerly weasels that they are, they have a fast acting timeframe to produce a first result leaving almost no time for anyone to challenge and get on the SC docket before the next election.
Posted by: Hrothgar at August 03, 2011 06:07 AM (yrGif)
Is anyone else a little weirded out by the Dems trotting out Gabby Giffords in the past few days?
I'm happy she's recovering, I really am. She didn't deserve what happened to her and I hope she's able to regain all of her cognitive functions, however I'm getting a Wellstone memorial vibe from the democrats using her as some sort of moral authority on the debt ceiling.
Posted by: Ben at August 03, 2011 06:10 AM (wuv1c)
There is no chance of a good outcome either way. Compromise has ruined us. Further compromise will only ever make the problem worse.
Posted by: Methos
Businesses and institutions often engage in practices which 'protect the brand'. It can result in efforts to hide ugly truths or earnest efforts to be consistenet with one's principles and standards. If the Tea Party chooses to engage in some star chamber which lives only to hide politicians from accountability, how is this in any way consistent with their principles?
If someone tomorrow crapped out a soooooper committee to re-establish something heinous (KKK day, resegregation) would we expect everyone to join on in since it's all part of being in Congress? I kinda doubt it.
Posted by: Blue Hen at August 03, 2011 06:11 AM (326rv)
I haven't heard a lot of support for him here in Utah County, especially in the business community. A lot of people seem concerned about his effectiveness. Chaffetz seems to be much more popular amongst Republicans down here.
Perhaps, but Chaffetz is going to primary Orrin Hatch if I'm not mistaken.
It's extremely unlikely that anyone can successfully primary Mike Lee.
Posted by: Ben at August 03, 2011 06:11 AM (wuv1c)
Look. I know that we constantly put down leftist ideology. But this makes us guilty of not being able to see the good that can come out of it.
Posted by: Hussein the Plumber at August 03, 2011 06:11 AM (jx2j9)
Posted by: cherry π at August 03, 2011 06:11 AM (OhYCU)
Is anyone else a little weirded out by the Dems trotting out Gabby Giffords in the past few days?
I'm happy she's recovering, I really am. She didn't deserve what happened to her and I hope she's able to regain all of her cognitive functions, however I'm getting a Wellstone memorial vibe from the democrats using her as some sort of moral authority on the debt ceiling.
Posted by: Ben
Perhaps, but the t-shirts are way cool.
Posted by: get your t-shirts here! at August 03, 2011 06:12 AM (6rX0K)
I'm also against the idea of a "Super Congress." Congress was designed to do the job of legislation, not break off a chunk to do the hard work while the rest of them wait to get their marching orders. Why not call it the "Super Congressional Cabal" and get it over with?
I'm pleased to say that one of my senators, Kelly Ayotte, voted against this stupid debt bill. The other senator is Jeanne Shaheen, a useless Dem. Can someone point me toward the House voting record for the bill? I'd like to see how my Reps voted.
(Oh, and the new comic book Spider-Man pisses me off. So I'm in a bad mood.)
Posted by: MWR, proud Tea Party Hobbit at August 03, 2011 06:13 AM (4df7R)
Is anyone else a little weirded out by the Dems trotting out Gabby Giffords in the past few days?
I'm happy she's recovering, I really am. She didn't deserve what happened to her and I hope she's able to regain all of her cognitive functions, however I'm getting a Wellstone memorial vibe from the democrats using her as some sort of moral authority on the debt ceiling.
Posted by: Ben at August 03, 2011 10:10 AM (wuv1c)
You're not alone. And Debbie Wassaman-Schultz milking it for all she was worth.
Have people forgotten all those who died? Sheesh.
Still, I hope she does fully recover. No one should have to go through what she did.
Posted by: Jane D'oh at August 03, 2011 06:14 AM (UOM48)
More disappointing is that she let herself be used.
Posted by: Retread at August 03, 2011 06:15 AM (G+7cD)
Posted by: toby928™ at August 03, 2011 06:17 AM (GTbGH)
More disappointing is that she let herself be used.
Posted by: Retread
There's some reaaaallly bad jokes I could make here, but I am exercising restraint.
Posted by: Blue Hen at August 03, 2011 06:17 AM (326rv)
Posted by: Mr Pink at August 03, 2011 06:18 AM (znWcK)
Posted by: zombie Paul Wellstone at August 03, 2011 06:19 AM (4Kl5M)
Posted by: 80sBaby at August 03, 2011 06:20 AM (o2lIv)
Calling 80sBaby...
Posted by: Retread at August 03, 2011 06:21 AM (G+7cD)
Posted by: toby928™ at August 03, 2011 06:21 AM (GTbGH)
I doubt that her brain is firing on all eight cylinders. I'd bet that some pretty big chunks of memory and reasoning power are gone forever.
Sounds like VP material to me. (the demons within will not remain silent)
Posted by: Blue Hen at August 03, 2011 06:21 AM (6rX0K)
Posted by: I am Lrrr, ruler of the planet Omicron Persei 8! at August 03, 2011 06:22 AM (e8T35)
Posted by: Empire of Jeff, Jesusland Liberation Army - Political Terror Brigade at August 03, 2011 06:23 AM (lbo6/)
OK, but that means someone close to her (husband?) is willing to exploit her. Sad, that.
Posted by: Retread at August 03, 2011 06:23 AM (G+7cD)
Posted by: Retread at August 03, 2011 10:23 AM (G+7cD)
Maybe not. Remember, Barry laid hands upon her while she was in the hospital.
Posted by: Bevel Lemelisk at August 03, 2011 06:26 AM (FkKjr)
Posted by: Empire of Jeff, Jesusland Liberation Army - Political Terror Brigade
And I was worried?
Posted by: Blue Hens' demons at August 03, 2011 06:28 AM (326rv)
(ii) CONGRESSIONAL BUDGET OFFICE ESTIMATES. — The Congressional Budget Office shall provide estimates of the legislation … in accordance with sections 308(a) and 201(f) of the Congressional Budget Act of 1974[.]
So what do Section 308(a)(1)(A) and Section 308(a)(1)(B) tell us?
(A) comparing the levels in such measure to the appropriate allocations in the reports submitted under section 302(b) for the most recently agreed
to concurrent resolution on the budget for such fiscal year (or fiscal years);
(B) containing a projection by the Congressional Budget Office of how such measure will affect the levels of such budget authority, budget outlays, revenues, or tax expenditures under existing law for such fiscal year (or fiscal years) and each of the four ensuing fiscal years, if timely submitted before such report is filed; and
*Any italics = emphasis mine
Posted by: 80sBaby at August 03, 2011 06:28 AM (o2lIv)
Posted by: Abe Vigoda at August 03, 2011 06:29 AM (4Kl5M)
Y'all know that most of our tax and fiscal policy for the last 30+ years has pretty much been decided in the House Ways and Means Committee and the Senate Finance Committee. They even control most health care policy. Very, very little policy actually gets debated and changed on the floor of the House and Senate. And those Committees are exclusive, meaning if you get on them you cannot be on any other committees. Almost no freshmen ever get on them.
The Obamacare bill was basically written by Nancy Pelosi's staff. It wasn't even heard in committee in either House or Senate, and they shoved it through under reconciliation rules. They threw into it a federal takeover of student loans that was NEVER introduced in Committee at all!
So most of the time we are ruled by a small group of longtime elites in Congress. This Super-Duper-Committee isn't changing a hell of a lot. It does suck a little that some of the Tea Party reps. voted for it anyway when they maybe had a little bit of a chance of changing the process, but it really is not worth freaking out over.
Posted by: rockmom at August 03, 2011 06:29 AM (lSyyU)
>>Since the Tea Party movement didn't start until after Barky Otrama was elected
Minor correction. It started with the introduction of TARP, beginning with some guy dressed as Ben Franklin pleading on youtube for people to send in tea bags to Congress as a symbolic protest. Santelli then did his bit to set it off. All prior to Baracky showing up.
Posted by: The Cycle of Abuse at August 03, 2011 06:32 AM (3ZtZW)
Posted by: toby928™ at August 03, 2011 10:17 AM (GTbGH)
Nothing is off limits for them to consider. The filibuster is dead. Who ever holds a simple majority, no matter how important, will carry the day. But the critical thing is that there are no limits on its power as it stands and knowing how congress works, that power is likely to expand.
Posted by: Hussein the Plumber at August 03, 2011 06:32 AM (jx2j9)
Too soon?
Posted by: Empire of Jeff, Jesusland Liberation Army - Political Terror Brigade at August 03, 2011 10:23 AM (lbo6/)
Err-ah, I've been sober since 08/25/2009.
Posted by: Zombie Ted Kennedy at August 03, 2011 06:32 AM (136wp)
Nothing is off limits for them to consider. The filibuster is dead. Who ever holds a simple majority, no matter how important, will carry the day. But the critical thing is that there are no limits on its power as it stands and knowing how congress works, that power is likely to expand.
Posted by: Hussein the Plumber
Theoretically, this should be a boon for Republicans, since majorities in both houses are anticipated, and this renders moot the filibuster. But this means that either the Dems were either desperate, stupid (they didn't realize the danger or that they will likely lose the Senate majority), think that they can do damage now or think that they can game this even after 2012.
Using the last few years as a track record, I'd say that the last two are likely.
Posted by: Blue Hens' demons at August 03, 2011 06:36 AM (6rX0K)
To me refusing to participate on committees unless everyone on the committee (from the GOP side) is a member of your minority caucus (sorry, but true) is purely about protecting their TP "brand." I find that objectionable. Participate or don't. Hell, even filibustering would be participating, but they chose not to do that.
I continue to be impressed by the grass roots aspects of the Tea Party in terms of engaging regular people in politics and much less impressed by people who wrap themselves in the label once they're safely elected.
Posted by: Y-not at August 03, 2011 06:37 AM (5H6zj)
Posted by: 80sBaby at August 03, 2011 06:38 AM (o2lIv)
Posted by: Ernie McCracken at August 03, 2011 06:41 AM (FUEui)
Right, I think I understood all that but people are suggesting that the committee was unconstitutional and I don't see that.
Unwise in the extreme, especially for the minority party in the Senate, but not unconstitutional.
Posted by: toby928™ at August 03, 2011 06:45 AM (GTbGH)
Posted by: rockmom at August 03, 2011 06:45 AM (lSyyU)
Also did some reading yesterday and discovered Congress has held over a dozen select committees in the last 70yrs, and the duties of this committee (regarding legislation only) is closest to the Joint Committee on Atomic Energy. Outside of that, it is completely the same as all the others.
Posted by: 80sBaby at August 03, 2011 06:47 AM (o2lIv)
Right, I think I understood all that but people are suggesting that the committee was unconstitutional and I don't see that.
Unwise in the extreme, especially for the minority party in the Senate, but not unconstitutional.
Posted by: toby928™ at August 03, 2011 10:45 AM (GTbGH)
Well, the super-majority rule is dead. Still does not stop someone from filibustering. Of course, that would mean a spine implant allowing someone from the GOP to stand up.
Posted by: The Robot Devil at August 03, 2011 06:47 AM (136wp)
Posted by: rockmom at August 03, 2011 10:45 AM (lSyyU)
We should get a bounce back to 12,200 or so...watch the close tonight.
Posted by: The Robot Devil at August 03, 2011 06:49 AM (136wp)
Substitute DOOM is better than no DOOM at all.
Seriously, good job filling in for Monty. I'm feeling all despairy now.
Posted by: Insomniac at August 03, 2011 06:49 AM (DrWcr)
Posted by: toby928™ at August 03, 2011 06:49 AM (GTbGH)
Posted by: Retread at August 03, 2011 09:32 AM (G+7cD)
Unexpected!
Posted by: Insomniac at August 03, 2011 06:52 AM (DrWcr)
Posted by: toby928™ at August 03, 2011 10:49 AM (GTbGH)
More likely that have pictures of him screwing a horse... that's why we have the no filibuster part. Make no mistake, the "ruling elite" want to rule.
Posted by: The Robot Devil at August 03, 2011 06:53 AM (136wp)
Posted by: Retread at August 03, 2011 06:54 AM (G+7cD)
So, that CNN poll. Yea. 52% don't support the debt limit deal. The only group in favor of it...Democrats. So angry they support it.
This huge vitctory gets huger by the day.
Posted by: Rich at August 03, 2011 06:54 AM (wnGI4)
Posted by: 80sBaby at August 03, 2011 06:55 AM (o2lIv)
People like McConnell are just happy to be Congressional careerists. They don't care about majorities or ideology or the country.
One-Hundred-Eighty large per year, plus fringe, plus untold benefits. And that's just for pedo-rapists...allegedly...such as David Wu.
McConnell makes a little more salary for his 'public service' in his 'leadership' role.
Posted by: soothie at August 03, 2011 06:57 AM (sqkOB)
Posted by: SFGoth at August 03, 2011 06:57 AM (dZ756)
Posted by: rockmom at August 03, 2011 06:57 AM (lSyyU)
Posted by: rockmom at August 03, 2011 06:59 AM (lSyyU)
Posted by: Buck Ofama at August 03, 2011 07:00 AM (7VN/H)
I would not recommend that. Most States that is a felony.
Posted by: Vic at August 03, 2011 07:00 AM (M9Ie6)
Posted by: Shoey at August 03, 2011 07:01 AM (SPX0c)
Posted by: Jean at August 03, 2011 07:01 AM (WkuV6)
Posted by: Retread at August 03, 2011 07:05 AM (G+7cD)
Posted by: rockmom
Both the MasterCard and the mortgage applications can be symptomatic of the cuirrent problems. There was a noted aversion to credit use at the beginning of these current 'troubles'. It was lately noted that some people are turning back to credit in desperation, unlike our government, which would never do such a thing.
Posted by: Blue Hens' demons at August 03, 2011 07:05 AM (6rX0K)
Both the MasterCard and the mortgage applications can be symptomatic of the cuirrent problems. There was a noted aversion to credit use at the beginning of these current 'troubles'. It was lately noted that some people are turning back to credit in desperation, unlike our government, which would never do such a thing.
Posted by: Blue Hens' demons at August 03, 2011 11:05 AM (6rX0K)
How many times do I have to explain to you stupid wingnuts, that the more debt you have the wealthier you are? You have to spend money to save money!
Posted by: Joe "Cracked Head Club" Biden at August 03, 2011 07:09 AM (v+QvA)
Posted by: Retread at August 03, 2011 07:09 AM (G+7cD)
Posted by: Retread at August 03, 2011 11:09 AM (G+7cD)
Aaaahhhh... *flush*
Posted by: Dow Jones at August 03, 2011 07:10 AM (v+QvA)
i think gold will go over 2000 by this time next year unless something big changes...
Posted by: Shoey at August 03, 2011 11:02 AM (SPX0c)
1999 - buy tech stocks - 2001 - crash
2005 - buy real estate - 2006 - crash
2011 - buy gold - 2012?
Posted by: The Robot Devil at August 03, 2011 07:10 AM (136wp)
It does suck a little that some of the Tea Party reps. voted for it anyway when they maybe had a little bit of a chance of changing the process, but it really is not worth freaking out over.
Or alternatively, we should have been freaked out for awhile now. Outrage is hard to sustain though, it just turns to cynicism.
Posted by: Randy M at August 03, 2011 07:10 AM (vI8R6)
Posted by: Retread at August 03, 2011 07:12 AM (G+7cD)
It does suck a little that some of the Tea Party reps. voted for it anyway when they maybe had a little bit of a chance of changing the process, but it really is not worth freaking out over.
Or alternatively, we should have been freaked out for awhile now. Outrage is hard to sustain though, it just turns to cynicism.
Posted by: Randy M
Or indifference, but I just don't care...
Posted by: The Robot Devil at August 03, 2011 07:12 AM (136wp)
Calling 80sBaby...
As far as I can tell, the only charge of this joint select committee that's different than some of the other joint select committees is that they can report legislation. But there is precedence for a joint select committee to report legislation.
With regards to voting, the House gets 20min of debate and an an up-or-down vote without amendments or a motion to recommit. This post has more about a motion to recommit and how it works. The Senate, meanwhile, possesses up 1hr. Also, the rules for the joint select committee (Sec. 401) and how both bodies are to vote on said reported legislation (Sec. 402) are outlined in Title IV of the debt bill.
Posted by: 80sBaby at August 03, 2011 07:13 AM (o2lIv)
I tend not to get outraged at process stuff. It's a waste of time. The exception for me was the Obamacare disaster, in which the process WAS the problem.
All of this is just window dressing anyway unless we can elect a new Preident and get Obamacare repealed in 2013. We're totally boned if we can't.
Posted by: rockmom at August 03, 2011 07:14 AM (lSyyU)
With regards to voting, the House gets 20min of debate and an an up-or-down vote without amendments or a motion to recommit. This post has more about a motion to recommit and how it works. The Senate, meanwhile, possesses up 1hr. Also, the rules for the joint select committee (Sec. 401) and how both bodies are to vote on said reported legislation (Sec. 402) are outlined in Title IV of the debt bill.
Posted by: 80sBaby at August 03, 2011 11:13 AM (o2lIv)
Time to overturn the term-limits on Presidenting! YEA!
Posted by: Libtard at August 03, 2011 07:15 AM (136wp)
More good news about our glorious economic recovery!
WASHINGTON (AP) -- Businesses cut back on orders for airplanes, autos and heavy machinery in June, lowering demand for factory goods for the second time in three months.
The Commerce Department said Wednesday that orders to U.S. factories fell 0.8 percent in June. A key category that tracks business investment plans managed a small increase, offering a positive sign amid other gloomy reports on the economy.
Analysts expect manufacturing and the overall economy to pick up in the second half of the year once energy prices stabilize and Japanese factories resume normal production.
But that is unlikely if consumers remain worried about the economy slipping back into another recession.
This just in analysts are idiots. And there's no worry about the economy slipping into another recession it never got out of the first one
Posted by: TheQuietMan at August 03, 2011 07:15 AM (1Jaio)
Art Cashin is a smart guy but he's dead wrong on this one. The market is not oversold, it is in the process of correcting to pre-QE2 levels. When you withdraw hundreds of billion in liquidity, a huge move down is to be expected.
Posted by: Ernie McCracken at August 03, 2011 07:16 AM (FUEui)
Posted by: Retread at August 03, 2011 11:09 AM (G+7cD)
Aaaahhhh... *flush*
Posted by: Dow Jones
My call to 'hold' granola appears to have been....flawed.
Posted by: Price Watercloset at August 03, 2011 07:17 AM (6rX0K)
"If any provision of this Act, or any application of such provision to any person or circumstance, is held to be unconstitutional, the remainder of this Act and the application of this Act to any other person or circumstance shall not be affected."
Posted by: 80sBaby at August 03, 2011 07:17 AM (o2lIv)
Posted by: rockmom at August 03, 2011 10:59 AM (lSyyU)
If I had some physical, I would be selling now. That's just me, though.
Posted by: Vashta.Nerada at August 03, 2011 07:21 AM (eW+UG)
In the House, it was 59 freshmen for, 28 against [it].
Posted by: 80sBaby at August 03, 2011 07:26 AM (o2lIv)
Still, I hope she does fully recover. No one should have to go through what she did.
One of the MBM outlets -- don't remember which -- noted that she voted FOR the Osama Obama stash increase, while having voted AGAINST previous debt-increase legislation.
I too hope Giffords recovers fully. Perhaps when her functions return, she'll realize that she was played, big-time and has joined the traitors who took a giant crap on the country yesterday.
And Wasserman-Schultz? The only words to describe here are ban-worthy, to put it mildly.
Posted by: MrScribbler at August 03, 2011 07:26 AM (YjjrR)
Copper is part of the alloy brass (I think) which is what bullet casings are made of (or it could be TV slang I've picked up-I don't do any shooting, myself) and bullets are used in war. So Stalingrad is a distant consequence of having mined copper at some point in the past.
I got your copper mine reference right off, not bad. Hate to say it, but in the case of the Russkies, it's not quite true. Russian ammo has almost always been mostly steel; mild steel jackets and cases with lead bullet cores. Of course, you'd have to be one of us kitten-raping, cousin-humping toothless gun nuts to know that.
Posted by: IllTemperedCur at August 03, 2011 07:33 AM (71Fka)
I think if you have a economic collapse bad enough to need gold to buy food, I don't see someone swapping food for gold. I'd rather have plenty to eat rather than give you some of my probably not easily replacable food for a shiny gold coin.
A full stomach goes a long way at the end of civilization.
Posted by: Purity_Policeman at August 03, 2011 07:34 AM (kaOJx)
Posted by: rockmom at August 03, 2011 07:42 AM (lSyyU)
"If any provision of this Act, or any application of such provision to any person or circumstance, is held to be unconstitutional, the remainder of this Act and the application of this Act to any other person or circumstance shall not be affected."
-------------
Just based on very minute study of this, but that clause is really just window-dressing. If a judge somewhere finds something unconstitutional, it's still his discretion to rule the entire bill unconstitutional or not. In the Obamacare case the judge in Florida made basically no mention of the severability clause (or lack thereof) when he deemed the entire bill unconstitutional.
Posted by: Rich at August 03, 2011 07:42 AM (wnGI4)
Ah, I was j/k about the food and TP. I've been stashing canned food for a while and I have enough land that I can grow a lot of it and get a few chickens and goats if necessary. Not real worried about that level of apocalypse. But I am starting to wonder if this is a gold bubble and I should make my son sell his before it bursts. He is going off to college in 3 weeks and could use the dough for spending money or to buy that MacBook he wants.
---------
Hey, I remember Rep. Anthony Dick telling everyone that they would never see their investment returned in gold. That was last year when gold was like $1,000. What a genius that man was.
Posted by: Rich at August 03, 2011 07:44 AM (wnGI4)
Posted by: Jean at August 03, 2011 07:47 AM (WkuV6)
Posted by: Jean at August 03, 2011 11:47 AM (WkuV6)
There is a story out this morning about Corzine's current firm putting a clause in its new securities issues that indemnifies investors if Corzine takes another government job. That may be either the cause or the result of the rumors. But it makes sense, because I sure as hell don't know who else would take the job at this point.
Posted by: rockmom at August 03, 2011 07:53 AM (lSyyU)
A severability clause would be helpful to those groups of individuals who feel the joint select committee is unconstitutional in some way. The lack on inclusion in ObamaCare was due to the individual mandate. Lawmakers play the clause both ways.
Posted by: 80sBaby at August 03, 2011 07:53 AM (o2lIv)
Posted by: rockmom at August 03, 2011 07:56 AM (lSyyU)
You would think someone with an ego that large would want to avoid going down in history as the treasury secretary during the doom. Though if you only consider the here-and-now, I guess that really does not matter.
Posted by: 80sBaby at August 03, 2011 08:06 AM (o2lIv)
Bottom line, the ATF far from being cowed by Fast and Furious is emboldened by it. It has become a force unto itself.
Posted by: Hussein the Plumber at August 03, 2011 08:10 AM (jx2j9)
This just in -> Salmonilla found in ground turkey. Damn you Bush!!!!!
This also just in -> Only idiots and their progeny likely to be affected.
Posted by: Jimmah at August 03, 2011 08:20 AM (TfRqk)
It must be a pair o' ducks.
Posted by: cthulhu at August 03, 2011 08:21 AM (kaalw)
Posted by: rightlysouthern at August 03, 2011 09:21 AM (sWZyc)
Posted by: Carl McPherson at August 03, 2011 09:59 AM (DQet2)
Posted by: Jimmy Choo at August 04, 2011 07:08 PM (ms78E)
Hide Comments | Add Comment | Refresh | Top
64 queries taking 0.2239 seconds, 332 records returned.
Powered by Minx 1.1.6c-pink.
What is even more alarming than the unexpectedly lower job growth numbers is that firms are still looking to downsize rather than expand.
Job growth stalls, layoffs surge
NEW YORK (CNNMoney) -- The jobs recovery slowed for a third month in a row, according to two reports out Wednesday.
....
Meanwhile, a separate report showed more firms are opting to downsize, rather than add to their payrolls.
The number of planned job cuts surged to a 16-month high in July -- rising 60% in July to 66,414 from June's 41,432, according to outplacement consulting firm Challenger, Gray & Christmas.
The firm characterized it as a "sudden and unexpected burst" in downsizing.
Posted by: Kratos (Ghost of Sparta) at August 03, 2011 04:54 AM (9hSKh)